Valeant: 3 Perils Of The T. Rowe Price Lawsuit Aug. 19, 2016 10:29 AM ET
Summary •T. Rowe Price recently sued Valeant for fictitious accounting and massive risks that led to huge losses. •The suit could create uncertainty, cause a distraction for management or hurt potential asset sales. •With debt/EBITDA exceeding 7x VRX is in dire straits. Avoid the stock.
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